Lee Spykerman
Foreign Exchange Specialist & Compliance Officer
Weltevredenpark
Summary
Dynamic Business Development Manager with over 20 years specialising in foreign exchange and with extensive experience in customer service. Highly organized professional establishes relationships with customers. Stays calm under pressure. Extensive knowledge on the how TOC's operate.
Overview
3
3
years of professional experience
5
5
years of post-secondary education
Work History
Treasury Manager/AML Compliance Officer
AgMerchant Capital Markets
11.2022 - Current
- Kept abreast of industry trends and market developments to ensure the organization''s treasury function remained competitive and effective.
- Mitigated risk by implementing internal controls and safeguards for revenues and expenditures.
- Worked with executives to create annual budget and track actual expenses against projected expenses.
- Provided valuable insights to senior management on matters related to cash, investments, and risk management for informed decisionmaking.
- Managed foreign exchange exposures by developing a comprehensive hedging strategy to minimize currency risks.
- Developed strong relationships with banking partners for improved service levels and competitive pricing negotiations.
- Developed a highly skilled and motivated treasury team through regular training, professional development opportunities, and performance feedback sessions.
- Safeguarded company assets from potential fraud incidents by implementing stringent security measures across all aspects of treasury operations.
- Executed financial due diligence tasks on daily basis to maintain optimal company finances.
- Contributed to annual budgeting processes by providing accurate projections of interest income, expenses, and capital expenditures related to treasury operations.
- Improved financial risk management by establishing policies, procedures, and internal controls to mitigate potential risks.
- Sales of new business to help grow the current book and reach targets.
- SARB applications, FICA collection, opening new accounts.
- Managing client relationships
- Developed a comprehensive onboarding program for new development team members, providing necessary training and resources to enable rapid integration into ongoing projects.
- Negotiated contracts with vendors and suppliers, ensuring the best pricing and terms for company profitability.
- Evaluated competitor offerings to maintain a competitive edge, adapting strategies as necessary for sustained success.
- Increased sales revenue by developing and implementing effective sales strategies.
Business Development Executive
Currency Partners Pty Ltd
02.2021 - 10.2022
- Responsible for acquiring new business and meeting sales targets
- Maintaining new and existing relationships with clients and partners
- Selling FX products to Corporate, Partners and Individual clients
- FX products include Vanilla transactions, hedging products, local and cross border Trade finance
- Non-resident and South Africa domiciled clients
- Selling Crypto offering to new and existing clients
- Attending conferences and presenting on SARB regulations changes to Partners and clients.
- Conducted competitor analysis to identify gaps in the market and capitalize on untapped opportunities.
- Collaborated with cross-functional teams to identify opportunities for product improvement, driving innovation in the company''s offerings.
- Built strong relationships with clients, leading to increased customer satisfaction and repeat business.
- Assisted marketing department in creating targeted campaigns that effectively communicated the value proposition of our products/services to potential customers.
Relationship Manager
Grobank (Retrenched October 2020)
- Building relationships with new and existing clients
- Assisting clients with hedging and credit applications
- SARB applications for individuals and corporates
- Selling Trade products- LC's FEC's and Guarantees
- Cross selling investment products.
Business Development Manager
FNB
- Maintaining new and existing relationships with clients and bankers
- Objective to grow the Forex base and meet revenue and sales targets
- Selling of Hedging, Spot and Trade instruments
- Preparation and assisting clients SARB applications
- Presenting Forex and regional levels and presenting at various Manco's
- Working with development of new products
- Training of bankers and branch staff on new products
- Supporting and analysing of individual bankers portfolios to obtain maximum revenue
- Working on various campaigns to maximise exposure.
Treasury Dealer and Sales Consultant
Merchant West
- Trading on the dealing desk for Merchant West clients
- Watching markets for various clients
- Placing orders and stop losses with various banks
- Daily market updates to clients
- FEC's and hedging contracts
- Sourcing new clients
- Maintaining new and existing client relationships
- Obtaining Sales and revenue targets set out.
Treasury Dealer
AECI Pty Ltd
- Booking of companies deals with various banks, obtaining best rate
- Spot and Forward Exchange Contracts
- Monitoring of open positions, providing market updates to subsidiaries
- Early draw downs extensions of FEC contracts
- Capturing and ensuring all deals are settled ( FX deals on FX system), sending to various bank's for processing
- Monthly reconciliation of CFC accounts
- Foreign Bills for collection
- Market to market reports
- Any currency queries.
Co-ordinator Front line/ Foreign Exchange
FNB
- Control of all ordering of cash for branch and ATM
- Loading and maintaining of tellers and ATM levels
- All client FX queries and card, cheque books
- Managing tellers and FX staff ensuring all branch producers and followed, limiting losses.
Call Centre Agent
Nedbank
- Receiving of calls from clients for credit card products
- Credit card queries, orders, cancellations
- Assisting clients with all credit card related enquires.
Financial Advisor
Liberty Life
- Cold calling to set up new appointments
- Setting up needs analysis for new and existing clients
- Selling Liberty Life Products.
Co-ordinator Frontline and Foreign Exchange
FNB
- Control of all ordering of cash for branch and ATM
- Loading and maintaining of tellers and ATM levels
- All client FX queries and card, cheque books
- Managing tellers and FX staff ensuring all branch producers and followed, limiting losses
- Opening and closing of branch.
Education
Matric -
Mondeor High School
01.1990 - 05.1994
Financial Markets and Instraments NQF6 - undefined
FNB - Academy of Financial Markets
01.2016 - 05.2016
Skills
Sales
Foreign Exchange
Client relationships
Revenue Generation
Prospect targeting
Budget Development
Regulatory knowledge
Reporting Requirements
References
- Kiroshni Maharaj, 0823313584, FNB
- Chantal Robertson, 0833073283, FNB
- Bernice Swanepoel 0765238197, Afrasia Bank
Timeline
Treasury Manager/AML Compliance Officer
AgMerchant Capital Markets
11.2022 - Current
Business Development Executive
Currency Partners Pty Ltd
02.2021 - 10.2022
Financial Markets and Instraments NQF6 - undefined
FNB - Academy of Financial Markets
01.2016 - 05.2016
Matric -
Mondeor High School
01.1990 - 05.1994
Relationship Manager
Grobank (Retrenched October 2020)
Business Development Manager
FNB
Treasury Dealer and Sales Consultant
Merchant West
Treasury Dealer
AECI Pty Ltd
Co-ordinator Front line/ Foreign Exchange
FNB
Call Centre Agent
Nedbank
Financial Advisor
Liberty Life
Co-ordinator Frontline and Foreign Exchange
FNB